Announcement Date: 2022-05-03
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Hillgrove Resources Ltd.
Project name: Kanmantoo
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 14.5m @ 1.6% Cu, 0.34g/t Au from 175m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) is pleased to provide the following Nugent drilling update, located at Kanmantoo 55kms southeast of Adelaide in South Australia. In total, 24 diamond holes have been drilled in 2021-2022 for 8,186.8 metres of drilling. Overall, this has been a very successful drilling program that has infilled the Inferred Resources and has increased the mineralisation footprint. Drill holes such as KTDD230 with 14.5m @ 1.8% CuEq and 14.8m @ 1.3% CuEq demonstrate that the Nugent zone is strongly continuing to the south. Drill holes at depth, including KTDD231 with 9.15m @ 2.1% CuEq demonstrate that the Lode is still open to depth. The information in this release that relates to the Exploration Results is based upon information compiled by Mr Peter Rolley, who is a Member of The Australian Institute of Geoscientists. Mr Rolley is a full-time employee of Hillgrove Resources Limited and has sufficient experience relevant to the styles of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code)’. Mr Rolley has consented to the inclusion in the release of the matters based on their information in the form and context in which it appears.
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